League of Insurance Organizations of Ukraine (LIOU) was founded in 1992 and is a nonprofit association of participants of the insurance market of Ukraine, which was established to protect the interests of its members and other participants in the insurance market.
The main tasks of LIOU are:
— Promote the development of the insurance market;
— The protection of the rights and interests of the insurance market that are members of the League;
— Contribute to the formation and improvement of the legal framework of insurance;
— Promotion of training and professionalism of managers and specialists of participants of the insurance market;
— Inform the public of the activities of participants of the insurance market and their role in the economic life of Ukraine;
— Promotion of antitrust laws in the field of insurance;
— Establishment of mutual trust, reliability, decency and business partnership in relations between the participants of the insurance market and consumers of insurance services;
— Bringing to market participants insurance laws and regulations of state authority and administration of matters relating to the scope of insurance;
— Development of recommendations on the methodology of the insurance business.
To achieve these objectives LIOU:
— Cooperates with the government and management on improving production lines insurance;
— Provides its members with qualified teaching, methodological and information consulting services and assistance in all matters relating to insurance;
— Creates the relevant centers and educational institutions training courses and retraining;
— Working with the media, preparing newsletters and other materials;
— Conducting workshops, seminars, conferences, exchange of experience, facilitates business contacts;
— Studies, generalizes and distributes the experience, provides recommendations for the effective implementation of insurance;
— Coordinates the activities of participants in the insurance market in the common interests of the League;
— Involves representatives of the League to participate in events held by public authorities and management to further development of insurance activity in Ukraine;
— Promotes integrated advertising and publishing and information providing members of the League;
— Coordinating the development of model rules of insurance.
Alexander Filonyuk – President of the League of Insurance Organizations of Ukraine, elected in February 2015.
League of Insurance Organizations of Ukraine acts on the principles of legality, transparency, autonomy and independence from government agencies, the LIOU member’s equality, trust and mutual aid between members of the League.
Over the years, the League of Insurance Organizations of Ukraine has made considerable progress and has authority and respect among insurance companies, public authorities and organizations – partners of the League of Insurance Organizations of Ukraine.